Myanmar's New Foreign Investment Law Overview
Notification 49/2014 - classification of activities
ODFDL
LEGAL & TAX
I. Category 1. Economic Activities Prohibited to Foreign
Investors
Important examples:
Production of arms and explosives for defense; Prospecting, exploration and
production of jade and gemstones; Small and medium scale production of minerals;
II. Category 2. Economic Activities Only under Joint Ventures
for Foreign Investors
Not necessarily 80-20 as set forth in Rule 20. Can be any amount unless
limited elsewhere, for example in Category 3, below.
Important examples:
Large scale production of minerals, construction of buildings, infrastructure projects,
tourism, food industry, brewery, bottled water business, packaging, large scale mineral
production, air transport services;
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